Shankesh Jewellers Ltd. IPO

The company distributes products PAN-India to both corporate and non-corporate clients. Its clientele includes reputed jewellers such as Joyalukkas India Limited, P. N. Gadgil & Sons Limited, Kalyan Jewellers India Limited, Novel Jewels Limited (Aditya Birla Group), Manoj Vaibhav Gems ‘N’ Jewellers Limited, and other established jewellery houses.

Shankesh Jewellers follows an asset-light model by engaging skilled local karigars and jobworkers for production while managing design, material sourcing, and delivery in-house. In addition to product sales, it offers job work services where clients provide bullion and specific design requirements. All jewellery is BIS-hallmarked as per regulatory guidelines.

Its product portfolio is classified into two segments:

• Sales of handcrafted jewellery (22k and 18k)

• Custom job work services (client-supplied bullion and design execution)

With a legacy of over three decades in the handmade jewellery market, the company has built strong relationships with leading jewellery brands by consistently delivering design excellence, craftsmanship, and customised solutions.

As of May 31, 2026, the Company had 46 permanent employees on its payroll, comprising Executive Directors and KMP, Accounts and Finance, Administration, Sales and Marketing, Designing and Client Servicing, and Quality functions. The Company was also associated with 72 jobworkers.

Strengths : 

• Strong historical financial performance.
• Long-term relationships with local jobworkers for handcrafted gold jewellery manufacturing.
• Asset-light business model.
• Wide product range in handcrafted gold jewellery.
• Strong focus on quality and customer satisfaction.
• Established relationships with corporate and non-corporate jewellery clients.
• Experienced promoters and management team with proven execution capabilities.
• Established marketing setup.